PRESSRELEASE | All press releases
01 February 2012 9:30 CET
Scania Year-end Report, January – December 2011
Scania’s earnings for the full year amounted to SEK 12,398 m. Higher vehicle and service volume was offset by a significantly stronger Swedish krona, a higher cost level and a changed market mix.
Summary of the full year 2011
· Operating income fell to SEK 12,398 m. (12,746), and earnings per share rose to SEK 11.78 (11.38)
· Net sales increased by 12 percent to SEK 87,686 m. (78,168)
· The Board of Directors proposes a dividend of SEK 5.00 (5.00) per share
Please see the attached PDF for more information.
Scania is one of the world’s leading manufacturers of trucks and buses for heavy transport applications, and of industrial and marine engines. Service-related products account for a growing proportion of the company’s operations, assuring Scania customers of cost-effective transport solutions and maximum uptime. Scania also offers financial services. Employing some 35,500 people, the company operates in about 100 countries. Research and development activities are concentrated in Sweden, while production takes place in Europe and South America, with facilities for global interchange of both components and complete vehicles. In 2010, net sales totalled SEK 78 billion and net income amounted to SEK 9.1 billion. Scania press releases are available on www.scania.com